Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Current Period Unaudited)

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Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2017
Sep. 30, 2017
Current Assets    
Cash and cash equivalents $ 20,453,030 $ 18,536,111
Short-term investments 5,385,150 5,937,150
Accounts receivables, net 5,570,721 7,237,641
Inventories 8,140,384 8,453,567
Other current assets 939,326 978,933
Total current assets 40,488,611 41,143,402
Property, plant and equipment, net 5,201,901 5,434,172
Other Assets    
Long-term investments 20,357,000 19,816,000
Goodwill 2,570,511 2,570,511
Other 552,331 529,952
Total other assets 23,479,842 22,916,463
Total Assets 69,170,354 69,494,037
Current Liabilities    
Accounts payable 1,205,223 1,739,791
Accrued compensation 1,443,883 2,410,026
Accrued expenses 98,569 93,304
Total current liabilities 2,747,675 4,243,121
Other Liabilities    
Deferred taxes 60,076 444,076
Deferred rent 279,642 281,720
Total other liabilities 339,718 725,796
Total Liabilities 3,087,393 4,968,917
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding
Common stock, authorized 50,000,000, $.01 par value; 13,824,191 and 13,812,821, shares issued and outstanding at December 31, 2017 and September 30, 2017 138,242 138,128
Additional paid-in capital 56,021,457 55,406,888
Retained earnings 9,923,262 8,980,104
Total Shareholders’ Equity 66,082,961 64,525,120
Total Liabilities and Shareholders’ Equity $ 69,170,354 $ 69,494,037